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Dec 5, 2012
12/12
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yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. p what i've suggested is let's essentially put a down payment on taxes. let's let tax rates on the upper income folks go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform, we look at what loopholes and deductions both democrats and republicans are willing to close, and it's possible that we may be able to lower rates by broadening the base at that points. >> in the meantime, now the gop is fighting with itself. speaker boehner is facing growing backlash from the more conse
yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go...
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Nov 29, 2012
11/12
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MSNBCW
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you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses or hurt our economy. >> meanwhile, president obama is again stepping into defend susan rice who was locked in a face-to-face power struggle with republicans on capitol hill for the second straight day. as nbc's andrea mitchell reports, it's not getting any easier for the women many believe who will be nominated for the next secretary of state. >> the primary purpose from my perspective -- >> with hillary clinton nodding approval, the president sent a strong message to the republicans, don't mess with my u.n. ambassador. rice a welcomed signal that her nomination is still alive despite another brutal day on capitol hill. >> the u.n. ambassador decided to play what was essentially a political role at the height of a contentious presidential election campaign. >> i would just ask the president to step back for a moment and realize that all of us here hold the secretary of state to a very different standard than most cabinet members. >> reporter: why is she s
you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses or hurt our economy. >> meanwhile, president obama is again stepping into defend susan rice who was locked in a face-to-face power struggle with republicans on capitol hill for the second straight day. as nbc's andrea mitchell reports, it's not getting any easier for the women many believe who will be nominated for the next secretary of state. >> the primary purpose from...
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Nov 26, 2012
11/12
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FOXNEWSW
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this is new barack obama. but if he back aceway and says call me if you get a deal we're in trouble. >> the president made clear he will not sign a bill that extends the bush era tax cuts or those making more than $250,000. math tells us that you can't get the kind of balanced approach you need. without having rates be part of the equation. >> eric: i have to ask you -- go ahead. >> dana: i'm listening and i'm thinking set aside politics for a second and say that you could get the money you wanted. in a different way. limiting deductions. limiting deductions. not talk about the spending. why wouldn't you take that deal? if you get the same results, why not do it? temporary measures have not worked. it seems that they are being, i understand they are in negotiations but again, doing something just because it works politically does not make necessarily for good policy. i think unfortunately we have come back to bite them. i think there will be a deal. to knowingly push the country to another recession is unconsc
this is new barack obama. but if he back aceway and says call me if you get a deal we're in trouble. >> the president made clear he will not sign a bill that extends the bush era tax cuts or those making more than $250,000. math tells us that you can't get the kind of balanced approach you need. without having rates be part of the equation. >> eric: i have to ask you -- go ahead. >> dana: i'm listening and i'm thinking set aside politics for a second and say that you could get...
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Dec 27, 2012
12/12
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CNBC
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especially after president obama won the election. senate democratic leadership aide tells me that will remains a 50/50 chance we will get a mini deal temporary extension of tax cuts under $250,000 before the january 1 deadline when we would go over the cliff. will are no assurances of that. a white house official told me as president obama prepares to fly back to conduct and participate in the negotiations at the end, there has been no progress over the holiday weekend. michelle, i'm afraid that people who are looking for a deal and looking for a deal by december 31, all hope is not lost. it is not looking good at the moment. >> let's go back to this hitting the debt ceiling on monday. we learned of this because treasury secretary tim good night mother sent a letter to the honorable harry reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, thre
especially after president obama won the election. senate democratic leadership aide tells me that will remains a 50/50 chance we will get a mini deal temporary extension of tax cuts under $250,000 before the january 1 deadline when we would go over the cliff. will are no assurances of that. a white house official told me as president obama prepares to fly back to conduct and participate in the negotiations at the end, there has been no progress over the holiday weekend. michelle, i'm afraid...
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Dec 28, 2012
12/12
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FBC
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cuts, and it was a defensive argument on a fundamental issue rather than pointing president obama had twice argue in public that raising taxes in an economic downturn would doom the economy. the president of the united states said that and iran on a proposal. lou: two things that seem peculiar. i would love for both of you to respond. i heard a lot of bonn, abou the tea party. the tea party did not exist in this election. it was a non fctor. why in the world would there be so much concern in the republican party about the tea party. why was there an idea that you're better off today than you were four years ago and pick 2008 as the year, he baseline, and it was a lousy year. in point of fact, just about everybody is. what o you make? very quickly. >> your immediate question, yes, we were better off than the depths of being in a whole. president clinton explained the argument that we were climbing t. by that time election day, the percentage of people is of the country going in their right correction,saw the economy improving, higher than has been, ronald reagan when he was reelected.
cuts, and it was a defensive argument on a fundamental issue rather than pointing president obama had twice argue in public that raising taxes in an economic downturn would doom the economy. the president of the united states said that and iran on a proposal. lou: two things that seem peculiar. i would love for both of you to respond. i heard a lot of bonn, abou the tea party. the tea party did not exist in this election. it was a non fctor. why in the world would there be so much concern in...
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Nov 15, 2012
11/12
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MSNBCW
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insists he has the public's support when it comes to raising taxes on the rich. we're going to kick that topic around. we'll talk about how the competing stories in washington could impact the president's plans. >>> and when we come back here, we're going to look at the growing pains on capitol hill now that a record number of women are heading to the senate. let's just say one bathroom for 20 female senators ain't going to cut it anymore. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy di
insists he has the public's support when it comes to raising taxes on the rich. we're going to kick that topic around. we'll talk about how the competing stories in washington could impact the president's plans. >>> and when we come back here, we're going to look at the growing pains on capitol hill now that a record number of women are heading to the senate. let's just say one bathroom for 20 female senators ain't going to cut it anymore. [ male announcer ] it's that time of year...
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Nov 29, 2012
11/12
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CURRENT
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has managed to do it president obama's proposed tax increase on the wealthiest 2% of americans would affect 4 million households. they're predominately in areas like south florida major cities like new york, francisco and los angeles, all traditionally democratic enclaves. those who are won't pay the taxes oppose them, and those who will support it. here with me, robert reich at u uc berkeley's goldman school of policies. is this politics that goes back to what is the matter with kansas book a few years back. they would really not be affected by the tax increase that they want us to go through. >> it is one of the great ironies. it has to do with the big lie. if you tell the big lie over and over again people start believing it. and one of the lies that republicans have been telling for year is the lie of trickle down economics. the wealthy are job creators. if you tax them you'll have fewer jobs, fewer--less income over all. it's obviously a lie. it has proven to be a lie. if you tell it again over and over again at least enough people begin believing it in red states. people who ar
has managed to do it president obama's proposed tax increase on the wealthiest 2% of americans would affect 4 million households. they're predominately in areas like south florida major cities like new york, francisco and los angeles, all traditionally democratic enclaves. those who are won't pay the taxes oppose them, and those who will support it. here with me, robert reich at u uc berkeley's goldman school of policies. is this politics that goes back to what is the matter with kansas book a...
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Nov 18, 2012
11/12
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WBAL
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continue the bush tax rates. the rich have been fat and happy and have done pretty well. is it time for them to pay something? >> i didn't say that. but for the president to say down the line we'll do the rest, wrong. do it now. one of the things that might be discussed is raising the limit right now, you pay social security at $113,000 a year, and if you raise that to $200,000 a year or $300,000 a year that you keep paying social security. chris: and medicare. >> and medicare. that that might be the kind of -- chris: i heard that argument. it's a liberal argument but a good one because it does address income -- >> exactly. chris: it makes the rich pay a little more. when we come back, scoops and predictions from the notebooks of these top chris: welcome back. tell me something i don't know, dan? >> i had a call this week from a republican congressman seeking to call attention to his efforts to move up the time line for the removal of our troops from afghanistan. now, this may indicate that it's more bipartisan s
continue the bush tax rates. the rich have been fat and happy and have done pretty well. is it time for them to pay something? >> i didn't say that. but for the president to say down the line we'll do the rest, wrong. do it now. one of the things that might be discussed is raising the limit right now, you pay social security at $113,000 a year, and if you raise that to $200,000 a year or $300,000 a year that you keep paying social security. chris: and medicare. >> and medicare. that...
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Nov 28, 2012
11/12
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CURRENT
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when i tell people that obama wants to lower corporate taxes they don't believe me. listen to obama and see if you can tell what he wants to do. >> we have one of the highest corporate tax rates in the world, but it's riddled with exceptions and special interest loopholes. we can lower the corporate rate if we get rid of all these specials rates. >> not increase, lower the corporate rated. he's saying it. you just don't want to listen to it. ok? he is conservative. he's a blue dog. he wants to do the same plan the republicans want to do, just a little lighter. so what's on the -- what do we know about this grand bargain and what's still on the block? first of all cutting medicare. unquestionably, no question, it has been offered in every single deal, it is offered up now, dick durbin is still talking about how they call it reform. they're cutting it, cutting it, cutting medicaid, unquestionably, that has been offered every single time and they'll cut it. they are going to lower corporate taxes. the president agrees as i just showed you set in stone, they are going to
when i tell people that obama wants to lower corporate taxes they don't believe me. listen to obama and see if you can tell what he wants to do. >> we have one of the highest corporate tax rates in the world, but it's riddled with exceptions and special interest loopholes. we can lower the corporate rate if we get rid of all these specials rates. >> not increase, lower the corporate rated. he's saying it. you just don't want to listen to it. ok? he is conservative. he's a blue dog....
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Dec 24, 2012
12/12
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MSNBCW
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he would like a scaled-back version of the grand bargain, something to prevent taxes going up, and also lay the groundwork potentially for deficit reduction in the future. i think you will see president obama cut his vacation short, and continue to play a role in those negotiations. richard. >>> kristin, over the weekend, he attended the funeral for the late senator inouye, who he has called an inspiration to him. what did you see in that service? >> well, more than 20 members of congress attended, mostly democrats, majority leader harry reid spoke and praised senator inouye for his partisan spirit, reaching across the aisle. of course in an earlier memorial service, the president called the late senator his earlier inspiration, on a a lot of members of congress came together to pay their respects. >> thank you, kristin. >>> if congress and the president fail to reach a deal, the impact is as unlikely as immediate as the term "fiscal cliff" seems to imply. the expiration of the tax cuts with a $2200 average tax high. the payroll tax cut would also expire meaning another $40 a paycheck a
he would like a scaled-back version of the grand bargain, something to prevent taxes going up, and also lay the groundwork potentially for deficit reduction in the future. i think you will see president obama cut his vacation short, and continue to play a role in those negotiations. richard. >>> kristin, over the weekend, he attended the funeral for the late senator inouye, who he has called an inspiration to him. what did you see in that service? >> well, more than 20 members of...
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120
Nov 15, 2012
11/12
by
MSNBC
tv
eye 120
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insists he has the public's support when it comes to raising taxes on the rich. we're going to kick that topic around. we'll talk about how the competing stories in washington could impact the president's plans. >>> and when we come back here, we're going to look at the growing pains on capitol hill now that a record number of women are heading to the senate. let's just say one bathroom for 20 female senators ain't going to cut it anymore. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy di
insists he has the public's support when it comes to raising taxes on the rich. we're going to kick that topic around. we'll talk about how the competing stories in washington could impact the president's plans. >>> and when we come back here, we're going to look at the growing pains on capitol hill now that a record number of women are heading to the senate. let's just say one bathroom for 20 female senators ain't going to cut it anymore. [ male announcer ] it's that time of year...
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Nov 28, 2012
11/12
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FOXNEWSW
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and democrats ran on a promise of bush tax rates. president obama didn't hide that last year of the campaign every place he went that's what he talked about. americans when they voted raised their voices and supported our pledge congress acted in accordance with the will of the people. >>> there's a debate of how to raise taxes. if government spending isn't paired back in some way republicans may not fine off on a deal. >> oo we already know the president is a good campaigner. we congratulate him on his reelection. what we don't know is whether he has the leadership qualities to lead his party to a bipartisan agreement on big issues like we currently face. >>> big issues include things like medicare and medicaid. will those be part of a final we will see. the president needs time to put on a pr push. he heads to pennsylvania friday f for a campaign style push to raise taxes. >>> before you leave the house this morning let's get the first degree weather update from maria molina. >> it is quiet out there but you say there's a storm to
and democrats ran on a promise of bush tax rates. president obama didn't hide that last year of the campaign every place he went that's what he talked about. americans when they voted raised their voices and supported our pledge congress acted in accordance with the will of the people. >>> there's a debate of how to raise taxes. if government spending isn't paired back in some way republicans may not fine off on a deal. >> oo we already know the president is a good campaigner. we...
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Nov 29, 2012
11/12
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MSNBCW
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eye 150
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tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there when it comes to talking about entitlements, or earned benefits as progressives like to refer to it, what is the way that the president and those on the left can look and also appear to the right to be willing to compromise? what can they put on the table, if anything? >> well, i just don't think that any of us think that it is a reasonable idea to over the course of the next week and a half, over the course of the holiday season, for the president and this congress, which is a lame duck congress, to engage in major entitlement reforms of programs that have helped to lift millions of americans ou
tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there...
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Dec 26, 2012
12/12
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MSNBCW
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then however it becomes no longer extending the bush tax cuts, but the obama tax cuts. president obama is associated with cutting taxes. there is political liability for them as well. the reality is they have to get off of this no tax increase nonsense. i read in the "new york times" the other day, no republican member of congress voted for it since 1990. do you believe that? we had two or three wars since that time? a tragedy at 9/11 and we had hurricane sandy. we had hurricane katrina and despite all of these, they are unwilling to raise them to support and fund our government. what does it say about the dysfunctionality? >> we will have to leave it there. happy holidays to you. joining me now on the phone, congressman gregory meeks. congressman, i just saw you downstairs in the lobby about two or three hours ago and you were waiting on a phone call to determine when you might have to go back to d.c. to hammer out fiscal cliff matters. have you gotten the call yet? >> we are still waiting. >> no word as to when you guys are going back? no sense of urgency? >> i think
then however it becomes no longer extending the bush tax cuts, but the obama tax cuts. president obama is associated with cutting taxes. there is political liability for them as well. the reality is they have to get off of this no tax increase nonsense. i read in the "new york times" the other day, no republican member of congress voted for it since 1990. do you believe that? we had two or three wars since that time? a tragedy at 9/11 and we had hurricane sandy. we had hurricane...
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Dec 1, 2012
12/12
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FOXNEWSW
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obama would have caught me by now. look at his proposal, 1.6 trillion tax cut. increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i don't give a damn. i just want them to fix it. what the republicans should do is say these are the things we are going to fix. these are the numbers and this is our proposal. >> sean: wait a minute, i don't think you are being fair in one sense. the republicans said to the chagrin of a lot of conservatives that revenue is on the table. obama has said, my way or the highway. his proposal, his budget plan that nobody voted for last year. >> yes and he's asking for more revenue on the debt ceiling he's saying abolish congress' authority to borrow. i want the authority to be in the white house for -- >> sean: obama not leading again. >> it is a giant problem. i am surprised he is out there treating this like a campaign.
obama would have caught me by now. look at his proposal, 1.6 trillion tax cut. increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i don't give a damn. i just want them to fix it. what the republicans should do is say these are the things we are going to fix. these are the...
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Nov 29, 2012
11/12
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CNNW
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president obama's position means that taxes are going you up one way or another. congressman cole as you heard, they believe they should give this one to the president not because they want to, but because they have to. republican leaders though, they disagree. >> i told tom earlier in our conference meeting that i disagreed with him. it will hurt our economy, that is why this is not the right approach. >> you can agree or disagree with that position. however, keeping them honest, house speaker and others have been trying to play down the fact that president obama and others got a significant boost from voters. in politics there is the temptation from those who win office to think that they have a mandate to do what they will. they re-elected the house republicans. so whether people intended or not, we have divided government. >> the american people made clear that there is no mandate for raising tax rates. >> keeping them honest. president obama campaigned and won. so his victory throws cold water on that claim. democrats gained seats in the senate and on the hou
president obama's position means that taxes are going you up one way or another. congressman cole as you heard, they believe they should give this one to the president not because they want to, but because they have to. republican leaders though, they disagree. >> i told tom earlier in our conference meeting that i disagreed with him. it will hurt our economy, that is why this is not the right approach. >> you can agree or disagree with that position. however, keeping them honest,...
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Dec 6, 2012
12/12
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WETA
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cuts for all a tax bracket. brainer offer his response to the president. in an interview with julianna goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure that the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks for example about $800 billion worth of revenues but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> rose: and here is the president talking about why it's essential for him that there be tax increases for the most wealthy among us. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the
cuts for all a tax bracket. brainer offer his response to the president. in an interview with julianna goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure that the country grows. and unfortunately the speaker's proposal...
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Nov 29, 2012
11/12
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FBC
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just talking about tax increases. when that is obvious then the balance of power inwhat is going on in d.c. ships. what i have argue for a couple days is that the egotiations need to be in front of c-span cameras because the white house -- the president is out there saying to mine working on this. lou: you're losing me. i need to understand what you're saying. sometimes i have limited comprehension. you're saying the balance of power shifts. the fact is the numbers will change only with the new congress. and if we wait until the new congress we have a balance of power that is not particularly helpful to the republicansand their position, therefore we have a fiscal clef, if you will, tax hikes, budget cuts that the incipient point is january 1st 2013, as you know. what stops this country from going into that situation? >> the danger is that obama overreaches maandate and misunderstands. four years ago he misread his mandate and he took a 70 perct approval rating and drove it down below 50 in a matter of months by spend
just talking about tax increases. when that is obvious then the balance of power inwhat is going on in d.c. ships. what i have argue for a couple days is that the egotiations need to be in front of c-span cameras because the white house -- the president is out there saying to mine working on this. lou: you're losing me. i need to understand what you're saying. sometimes i have limited comprehension. you're saying the balance of power shifts. the fact is the numbers will change only with the new...
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Nov 18, 2012
11/12
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FOXNEWSW
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friday, president obama met with congressional leaders to begin talks in hopes of making a deal to avoid the fiscal cliff the end of the year when a combination of 1.6 billion dollars in tax increases as well as schedule spending cuts would send our economy over the edge into a recession. can they strike a deal before it is too late? joining me house budget committee member, reid ribble. talks started friday, what needs to happen if we are going to be able to avoid this fiscal cliff? >> a couple of things have to happen. our founders set up a system of government that required us to find consensus. they said if you find consensus on something do those things, if you don't, don't do those things. this requires some form of consensus. there's talk about revenue it has to be on the table. the american people need to know revenue is the smaller element of it. if our revenues today are about the same as what they were in 2006, and yet spending is over a trillion a year more. so it is clearly a spending driven problem if we just talk on the revenue side we'll miss an opportunity to solve the p
friday, president obama met with congressional leaders to begin talks in hopes of making a deal to avoid the fiscal cliff the end of the year when a combination of 1.6 billion dollars in tax increases as well as schedule spending cuts would send our economy over the edge into a recession. can they strike a deal before it is too late? joining me house budget committee member, reid ribble. talks started friday, what needs to happen if we are going to be able to avoid this fiscal cliff? >> a...
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Nov 28, 2012
11/12
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MSNBCW
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clock ticking on the deadline to avoid automatic spending cuts and tax increases, democrats and republicans are now turning to campaign style tactics to win the pr battle with the american public because the american public hasn't had enough of campaign style pr tactics. today president obama is scheduled to sit down with more than a dozen ceos, including several who are actually supporters of mitt romney. and then it's back to the campaign trail for the president on friday as barack obama attempts to sell his budget plan while speaking at a toy factory outside of philadelphia. yesterday chuck todd asked jay carney if the president was running out the clock ahead of the last minute deal. >> isn't everybody just killing time until the deadline comes? can seems like everybody is just -- >> they're not killing time to me, chuck. >> until the final week and the jet fumes, people get out of school and the holidays come and then everybody will actually hammer it out? >> look, here's a fact. the president has on on the table a proposal that reduces the deficit by $4 trillion. that is substance. so
clock ticking on the deadline to avoid automatic spending cuts and tax increases, democrats and republicans are now turning to campaign style tactics to win the pr battle with the american public because the american public hasn't had enough of campaign style pr tactics. today president obama is scheduled to sit down with more than a dozen ceos, including several who are actually supporters of mitt romney. and then it's back to the campaign trail for the president on friday as barack obama...
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Nov 29, 2012
11/12
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CURRENT
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executives and he was urging supporters to use #my2k to determine how tax changes would affect them. an schmidt tweeted: >> do you think it's a good idea to go out to the people as the president is negotiating with congress. >> i personally am a big proponent of anytime you're blinging people into the halls of capitol hill, this is one of the most polarized congresses we have seen. compromise has not been king of the hill for sometime now. i'm not sure it works. last year, bringing public pressure to the payroll cut extension through congress. i'm not sure it works this time, but it's an innovative way to get folks engaged. >> of course all of this negotiation around the fiscal cliff, the president actually indicated today that he might be president-electable. he says he's not necessarily looking for income tax rates as high as they were under president clinton. secretary geithner is going to meet with congressional leaders tomorrow. do you think they will demonstrating some wiggle room, as well? >> i personally don't think it's that big of a banner sign. if there was actually a move
executives and he was urging supporters to use #my2k to determine how tax changes would affect them. an schmidt tweeted: >> do you think it's a good idea to go out to the people as the president is negotiating with congress. >> i personally am a big proponent of anytime you're blinging people into the halls of capitol hill, this is one of the most polarized congresses we have seen. compromise has not been king of the hill for sometime now. i'm not sure it works. last year, bringing...
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Dec 3, 2012
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they could tax them. they could for give those interest rates all together or they have seen talked about for giving some of these students loans that exist out there today. because 93 percent of all student loans in the last year were issued by the government you are talking about taxpayers ofrnt hook for this. as it goes away we are all paying for it. this is a huge problem in this country nearly a trillion dollars in outstanding student debt right now. 956 billion on the table. >> so what is the solution? >> they certainly -- -- the president has talked about interest rates are a big problem right now. record survey shows more than 50 percent of 18 to 24-year-olds are moving into their parents when they grad kuwauate college. they have capped the interest rates for give them for a certain amount of time or forgive a certain amount of debt or back off at issuing the federal loans patti. let the loans go more private maybe then we won't have colleges jacking up the tuition rates and making it hard for ev
they could tax them. they could for give those interest rates all together or they have seen talked about for giving some of these students loans that exist out there today. because 93 percent of all student loans in the last year were issued by the government you are talking about taxpayers ofrnt hook for this. as it goes away we are all paying for it. this is a huge problem in this country nearly a trillion dollars in outstanding student debt right now. 956 billion on the table. >> so...
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Nov 15, 2012
11/12
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cuts expire, build our own obama tax cut package and be credited for a massive tax cut for middle class and below. everything i'm getting out of the white house is they don't want to do that. i'm not sure why. they feel like they can get resolution before that. history suggests otherwise, i think. >> mark, the president has gone out i would say yosemite sam style $1.6 trillion in revenue double the amount from the previous bargaining sessions. he has learned about playing poker in the modern political landscape. what do you make of what sam just said, he's going to perhaps avoid taking the country over the cliff or the curb, that would be a bid of being reasonable instead of extreme. >> he's in a maximum position of leverage and demonstrating that by taking the most confident position. i think that makes total sense from a negotiating standpoint. if i were the president and his team that's exactly what i'd be doing. >> the question, how do you get the better deal for the american people? do you get it by not going over the cliff or going over the cliff? so far the indications are you go
cuts expire, build our own obama tax cut package and be credited for a massive tax cut for middle class and below. everything i'm getting out of the white house is they don't want to do that. i'm not sure why. they feel like they can get resolution before that. history suggests otherwise, i think. >> mark, the president has gone out i would say yosemite sam style $1.6 trillion in revenue double the amount from the previous bargaining sessions. he has learned about playing poker in the...
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Dec 1, 2012
12/12
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they're the ones who are going to get hit with the obama taxes and really, i mean, you look at that and you think a normal human being with, you know, would be ashamed of that lack of intellectual honesty, should be. >> it's fascinating economic dri that costco is borrowing the money to pay this dividend. now, usually when companies pay dividends, it's out of earnings, right? >> yes, retained earnings, in this case, they're borrowing, taking on more debt, not to invest in the business in the future growth, but for a one-time equity pay out. >> and to worry about interest rates are low thanks to ben bernanke. >>, but this shows the tax rates combined with very low bore heing costs and instead of investing in growth, you're investing in tax avoidance. >> and russell long said, i've come to the conclusion if you're going to have capitalism, you're going to need capital. >> goes to the heart of this, right? >> pure genius, except what's happening here is that capital could be invested in productive businesses or used next year is being pulled out of 2013, into 2012 so it can be realized as
they're the ones who are going to get hit with the obama taxes and really, i mean, you look at that and you think a normal human being with, you know, would be ashamed of that lack of intellectual honesty, should be. >> it's fascinating economic dri that costco is borrowing the money to pay this dividend. now, usually when companies pay dividends, it's out of earnings, right? >> yes, retained earnings, in this case, they're borrowing, taking on more debt, not to invest in the...
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Nov 20, 2012
11/12
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i'm tired of the bush tax cuts. i would like to see the obama tax cuts. john boehner doesn't seem to get it. look at who he has put in charge of their negotiations. "the new york times" reports speaker boehner has tapped paul ryan to help strike a deal on tax increases by the end of the year. and to bring along fellow republicans, i don't think he's goods at that. this is the same paul ryan from the losing ticket of just a few weeks ago. the same congressional leader who wants to kill medicare and medicaid, the same why gooi who wants to keep taxes low for the wealthiest americans and let's cut the hell out of education. voters rejected paul ryan's plan two weeks ago, but boehner put him in charge of the negotiations. in fact, mr. ryan could conceivably scuttle any deal if he loudly opposes the solution that's the speaker of the house and also top republican leaders would embrace. what is he, the ruler of the house now? putting paul ryan out front and center in these budget negotiations tells you everything you need to know about how far the republicans a
i'm tired of the bush tax cuts. i would like to see the obama tax cuts. john boehner doesn't seem to get it. look at who he has put in charge of their negotiations. "the new york times" reports speaker boehner has tapped paul ryan to help strike a deal on tax increases by the end of the year. and to bring along fellow republicans, i don't think he's goods at that. this is the same paul ryan from the losing ticket of just a few weeks ago. the same congressional leader who wants to kill...
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Nov 27, 2012
11/12
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obama wanted to do. they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to skin a cat and back off the pledge. grover spoke to soledad on cnn. here was his comment. >> if you want to go to your voters and say, i promised you this, and i'm breaking my promise, you can have that conversation with them. you don't have an argument to we. you made a commitment to voters. >> he says he will try to unseat people that go against the pledge? is this a real risk that people that are up for re-election could lose jobs over this it or no? >> it is a real risk. it's not just grover norquist, it's the club for growth and other entities that do that. understand what direction these people leading the party in. they concede the republican party is a fundame
obama wanted to do. they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to skin a cat and back off the pledge. grover spoke to soledad on cnn. here was his comment. >> if you want to go to your voters and say, i...
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Dec 14, 2012
12/12
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KPIX
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that's why we don't have an agreement. >> president obama insists on raising taxes on the top 2% of earners, but even he recognizes that's a tough sell. >> the idea of not raising taxes has become sort of a religion for a lot of members of the republican party. >> speaker boehner accuses the president of dragging out negotiations. >> unfortunately the white house is so unserious about cutting spending that it appears willing to slow-walk any agreement and walk our economy right up to the fiscal cliff. >> here on capitol hill speaker boehner joined many of his colleagues in taking a long weekend off, frustrating those who want all of congress to keep working until a deal is done. >> two two-day workweeks in a row. this is just not right. how does this make sense? >> reporter: >> but even if congress stays in town, it probably will not help with only president obama and speaker boehner the only two parties negotiating. >> most of us here are not in the loop of what they are discussing. >> as of this morning, they're not scheduled for any more talks. now, more and more republicans say the part
that's why we don't have an agreement. >> president obama insists on raising taxes on the top 2% of earners, but even he recognizes that's a tough sell. >> the idea of not raising taxes has become sort of a religion for a lot of members of the republican party. >> speaker boehner accuses the president of dragging out negotiations. >> unfortunately the white house is so unserious about cutting spending that it appears willing to slow-walk any agreement and walk our...
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Nov 28, 2012
11/12
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tonight's question, will republicans say no to tax cuts just to spite president obama? text a for yes, b for no to 622639. we'll bring you the results later on in the show. joining me tonight is chris van hollen of maryland who sits on that budget committee. good to have you with us. >> always good to be with you. >> the interpretation here with all of the news packaging put together is the democrats want a tax deal now and you'd be happy with that. do the other stuff later. where are we? >> that's right. the president was chrrystal cle in this campaign. and he said to the republicans in congress, look, pass the middle class tax cuts right now. don't hold the middle class hostage to try to get another round of extra tax breaks for higher-income individuals. everyone needs to recognize that the president has proposed that everybody in the country gets continued tax relief on the first $250,000 of income they earn. what the president has said is let's do that right now. what republicans are saying is uh-uh. nobody gets tax relief on the first $250,000 until folks with inc
tonight's question, will republicans say no to tax cuts just to spite president obama? text a for yes, b for no to 622639. we'll bring you the results later on in the show. joining me tonight is chris van hollen of maryland who sits on that budget committee. good to have you with us. >> always good to be with you. >> the interpretation here with all of the news packaging put together is the democrats want a tax deal now and you'd be happy with that. do the other stuff later. where...
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Dec 10, 2012
12/12
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KPIX
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but, look, as soon as what president obama wants is speaker boehner say he's going to give on the tax rates. as soon as that happens it will unlock everything else. the white house says boehner knows they will be willing to make structural reform to entitlements and take on his own party on that matter, but they want that concession from boehner about the rates. and you saw boehner walk right up to the line on friday by suggesting maybe it could go from 35 to 37 or give a little bit. they tried to walk that back. as soon as that conservation happens, that will unlock everything. >> schieffer: can speaker boehner deliver the votes in his caucus if in fact he makes a deal? >> i don't think he that's say it. high doesn't have to say it out loud. s that's thing. he needs to signal it in some way and then you'll have a two-stage process. they'll do the fiscal cliff stuff and tax reform by august 1 of next year. >> but the speaker so far has not had a rebellion underneath him. he has said things that continue to move in this direction without a rebellion. here's what happened oned with. the
but, look, as soon as what president obama wants is speaker boehner say he's going to give on the tax rates. as soon as that happens it will unlock everything else. the white house says boehner knows they will be willing to make structural reform to entitlements and take on his own party on that matter, but they want that concession from boehner about the rates. and you saw boehner walk right up to the line on friday by suggesting maybe it could go from 35 to 37 or give a little bit. they tried...
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Nov 20, 2012
11/12
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they won't be talking about bringing $80 billion by taxing
they won't be talking about bringing $80 billion by taxing
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Dec 14, 2012
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and i think that should be part of of our answer to president obama's constant demand for higher taxes. these are his allies, doing what they -- it is legal. and so we should try to extend that legality to the middle class. i think -- it would be very educational to suddenly call a hearing and ask people like warren buffett to come in and educate the whole country on how the middle class could use every loophole to avoid paying taxes. >> sean: this was on national review online, 36 of president obama's executive office staff owe $$830,000 in back taxes. why do i think if it was you or me -- made a model citizen before the nation -- i think there would be a double standard in handling some of that. >> well, this is an essential part of the conservative argument about big government. big government's inherently unfair t. inherently has advantages for friends and inherently takes care of insiders, creating a system, which is the opposite of the rule of law and the opposite of a free society. that's why conservatives have argued for smaller government because these things are almost inevit
and i think that should be part of of our answer to president obama's constant demand for higher taxes. these are his allies, doing what they -- it is legal. and so we should try to extend that legality to the middle class. i think -- it would be very educational to suddenly call a hearing and ask people like warren buffett to come in and educate the whole country on how the middle class could use every loophole to avoid paying taxes. >> sean: this was on national review online, 36 of...
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Nov 27, 2012
11/12
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the republicans want to talk about obama care and some of the taxes in there. obama is saying he wants to talk about the debt ceiling. these are all separate issues, and the more stuff you try to jam in there, i think it actually makes it harder to come to an agreement rather than easier. >> dan, part of the whole thing here and calling it a fiscal cliff is to add to the theatricality and the chael leng of the whole thing. it's a slope. everybody calm down. we don't need this brinksmanship which adds to the republicans' leverage in this situation. you, sir, are writing a column a day about this. i know you're satiracal in your column. are you feeding the beast of the whole cliff thing, or are you completely trying to take it apart? >> i'm feeding "the daily beast." >> well-played, sir. >> people forget that "nightline" started because of covering the iranian hostage situation. maybe i can get a nighttime show on this. this is kind of serious not just in the sense of the economic impact, but this is a real significant, potential change in policy. we did a lot of
the republicans want to talk about obama care and some of the taxes in there. obama is saying he wants to talk about the debt ceiling. these are all separate issues, and the more stuff you try to jam in there, i think it actually makes it harder to come to an agreement rather than easier. >> dan, part of the whole thing here and calling it a fiscal cliff is to add to the theatricality and the chael leng of the whole thing. it's a slope. everybody calm down. we don't need this...
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Dec 14, 2012
12/12
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what speaker boehner and president obama need to know about tax rates next on "viewpoint." the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. >> eliot: on the 18 -- only 18 days remain until we go over the so-called fiscal cliff and with congress once again heading home after another grueling two-day work week, president obama met once again with speaker boehner. while the president keeps talking about revenues, speaker boehner focuses on expenditures and it is hard to tell if any progress is being made. the main sticking point remains over the issue of tax rates for the wealthy. but according to a recent poll, 76% of the country including 61% of republicans agree that raising tax on the wealthy should be part of any fiscal deliver deal. for more,
what speaker boehner and president obama need to know about tax rates next on "viewpoint." the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. >>...
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Nov 14, 2012
11/12
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CNBC
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all right. >> obama's $250,000 cutoff would mean higher taxes for lots of americans, including many small business owners. why aren't small business leaders at obama's ceo meeting today? they're not the only ones who aren't there. we'll debate next as this special edition of "street signs" continues next. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing
all right. >> obama's $250,000 cutoff would mean higher taxes for lots of americans, including many small business owners. why aren't small business leaders at obama's ceo meeting today? they're not the only ones who aren't there. we'll debate next as this special edition of "street signs" continues next. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others...
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Nov 18, 2012
11/12
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WJLA
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this is not the position n they i weree obama, i would just get them in a room there.p them >> but it is interesting when watch what oing on ght now. obama does th very nice sort between the "i am open to everything" and "i am drawg g one red line, for millionaires --" >> i don't hear him changing on that. he is not treated the people tesd are being really the house and senate. the ones who are doing the public posturing for him. boehnernk also that have a strong hand. he has a caucus that has dug in its heels on any kind of compromise. i saw a picture of john boehner, this cartoon holdingter, john ehner the football and saying to me."a "trust >> there was an election on november 6 and the democrats did the parade who gis here? -- did not do that at e. who gives here? >> everybody has to giveve. >> it is true. of cannot tax your way out cannot slash you out of this get debt. you have to do both. >> gradually. >>>> the president seems to be deal -- a two-for-one every $1 of tax increase, he expenses by $2. . 1-2-3on-bowles had a ratio. republicans want zero. >> the business community d
this is not the position n they i weree obama, i would just get them in a room there.p them >> but it is interesting when watch what oing on ght now. obama does th very nice sort between the "i am open to everything" and "i am drawg g one red line, for millionaires --" >> i don't hear him changing on that. he is not treated the people tesd are being really the house and senate. the ones who are doing the public posturing for him. boehnernk also that have a strong...
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Nov 15, 2012
11/12
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CURRENT
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. >> obama: what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists, will have the least positive impact on our economy. >> eliot: mr. obama also waded into the scandal that saw general david petraeus step down as director of the c.i.a. he offered assurances that damage from petraeus' affair was at least so far confined to the general and his family, and offered some words of support. >> obama: i have no evidence at this point from what i've seen that classified information was disclosed that in any way would have had a negative impact on our national security. i want to emphasize that from my perspective, at least he has provided this country an extraordinary service. we are safer because of the work that dave petraeus has done. >> eliot: and the president had nothing but praise for the quote, exemplary work of u.n. ambassador susan rice, a possible frontrunner to be the next secretary of state. republican senators john mccain and lindsey graham have called rice unthus worthy and unqualified for a promotion for her comment
. >> obama: what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists, will have the least positive impact on our economy. >> eliot: mr. obama also waded into the scandal that saw general david petraeus step down as director of the c.i.a. he offered assurances that damage from petraeus' affair was at least so far confined to the general and his family, and offered some words of support. >> obama: i have no...
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Nov 29, 2012
11/12
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it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense to crazy tea par party, he was outraged by his suggestion. >> you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> but that didn't stop congressman cole from going on hardball today continuing to sell the idea of making peace with the president for the sake of 98% of american taxpayers. >> if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, i think that is a point we should agree op. >> tom cole also made it clear he is still a b
it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense...
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Sep 21, 2012
09/12
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CNNW
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started by president obama, who has been attacking the rich and wanting to tax the rich so he can redistribution. it's the same president obama who makes class warfare again a part of his campaign when he tells the job creators they can't build it. >> but these people are running for office and distances themselves from governor romney. they're not talking about what barack obama's saying. >> well, they ought to be talking about what's going on in america and the situation that this country has and with all due respect to those folks, they can do what they want. i can't tell them what to do, but i can tell you that what most americans care about is the fact that this president is running a campaign that fails to address the jobs issue. this president's running a class warfare campaign. this president is reiterating what he started to say in 2008 when he told joe the plumber he wants to redistribute the wealth in america and the president that has grown wealth to over 25% and when you add obama care to it, he's grown government to 42%. so we have government -- >> but yet, governor, here we are, t
started by president obama, who has been attacking the rich and wanting to tax the rich so he can redistribution. it's the same president obama who makes class warfare again a part of his campaign when he tells the job creators they can't build it. >> but these people are running for office and distances themselves from governor romney. they're not talking about what barack obama's saying. >> well, they ought to be talking about what's going on in america and the situation that this...
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Dec 3, 2012
12/12
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KCSM
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obama has said that he wants a balanced approach. where are the cuts? >> grover norquist, president of americans for tax reform, author of the no-tax-hike pledge, but some people ar -- wants everybody to hold the line, but some people are weakening. i things starting to soften up there? >> tom cole, republican from oklahoma, a very astute politician, was it very honestly and openly a politician before he got elected to congress, and said that we ought to take the deal and cut taxes on 98% of people, basically rid ourselves of the fact that most people other than charles c., that the republicans have become the party of billionaires' and millionaires in this debate. that is what happened in the election of 2012. that really is a continuing problem for republicans. that is what you are seeing to it is not just anti-grover norquist movement. it is a realization that they have a political problem. >> a lot of positive signs for a deal. one is that grover norquist, who is kind of a ridiculous figure, it has been exposed as that and people are walking away. b
obama has said that he wants a balanced approach. where are the cuts? >> grover norquist, president of americans for tax reform, author of the no-tax-hike pledge, but some people ar -- wants everybody to hold the line, but some people are weakening. i things starting to soften up there? >> tom cole, republican from oklahoma, a very astute politician, was it very honestly and openly a politician before he got elected to congress, and said that we ought to take the deal and cut taxes...
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Dec 3, 2012
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there's $1 trillion of obama care taxes hitting in the next several years, many of them major taxes. if you have a flexible savings account on january 1 -- this isn't the fiscal cliff. this is what obama has already baked into the cake. your flexible savings account will be trashed by taxes. millions of special needs families will find their taxes go up. if you're really sick, you can't deduct as much of your health care costs as you used to. these are all the ways that obama's raising taxes, $1 trillion, $1.1 trillion, over the next decade. five major taxes. his new taxes are not off the table. they hit directly into the middle class. medical devices. when you go to the hospital, medical devices like riding in a wheelchair will get more expensive because of this tax. i mean, these taxes are damaging. he wants to make them permanent. >> i think grover knows that the major source of additional taxes is part of the affordable care act is asking higher income individuals over $250,000 to pay higher capital gains and more on their medicare contribution. that was the bulk of the taxes. so
there's $1 trillion of obama care taxes hitting in the next several years, many of them major taxes. if you have a flexible savings account on january 1 -- this isn't the fiscal cliff. this is what obama has already baked into the cake. your flexible savings account will be trashed by taxes. millions of special needs families will find their taxes go up. if you're really sick, you can't deduct as much of your health care costs as you used to. these are all the ways that obama's raising taxes,...